|
Report Date : |
02.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
OOM SHOE COMPONENT |
|
|
|
|
Registered
Office : |
160/2, Mauja Maghtai, |
|
|
|
|
Country : |
|
|
|
|
|
Date of
Incorporation : |
April, 2004 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Not Divulged |
|
|
|
|
IEC No.: |
0614001056 |
|
|
|
|
TIN No.: |
09900123608 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AADFO8233G |
|
|
|
|
Legal Form : |
Partnership Concern with an Unlimited Liability of the Partners |
|
|
|
|
Line of Business
: |
Importer, Exporter and Trader of Shoe Components. |
|
|
|
|
No. of Employees
: |
Not Divulged |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
-- |
NB |
New Business |
-- |
|
Status : |
New Concern |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a new partnership concern and yet to establish itself
gradually. The concern expects a sizeable turnover from its first year of
operations. Trade relations are reported to be improving. Business is active.
Payment terms are unknown. The concern can be considered for business dealings on a fully safe
and secured trade terms and conditions.
Payment terms are unknown. The concern can be considered for business dealings on a fully safe
and secured trade terms and conditions. |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
INDIAN ECONOMIC OVERVIEW
NEWS
The economy grew 4.7 %in 2013/14, marking a second
straight year of sub-5 % growth – the worst slowdown in more than a quarter of
a century. The data was below an official estimate of 4.9 % annual growth and
compared with 4.5 % in the last fiscal year. However, the current account
deficit narrowed sharply to $ 32.4 billion at 1.7 % of gross domestic product,
in 2013/14 from a record high of $ 98.8 billion or 4.7 %, the year before. A
sharp fall in gold imports due to restrictions on overseas purchases and muted
import of capital goods helped shrink the current account deficit.
Online retailer Flipkart has acquired fashion
portal Myntra as it prepares to battle with the rapidly expanding
General Motors will start exporting vehicles
from its Talegaon plant near Pune in the second half of 2014. GM was one of the
few global carmakers that was using its
Google has overtaken Apple as the world’s top
brand in terms of value, according to global market research agency Millward
Brown. Google’s brand value shot up 40 % in a year to $ 158.84 billion. The top
10 of the 100 slots were dominated by US companies.
Infosys lost another heavy weight when B G
Srinivas, a board member put in his papers. He is the third CEO-hopeful to quit
after Chairman N R Narayana Murthy’s return to the company – Ashok Vemuri and V
Balakrishnan being the other two. While Vemuri went on to lead IGate,
Balakrishnan joined politics.
Naresh Goyal – promoted Jet Airways posted
biggest quarterly loss – Rs 2153.37 crore – in the three months ended March 31,
mainly because it has been offering discounts to passengers to fill planes.
William S Pinckney – Chairman and CEO of
Amway
China has told its state-owned enterprises to
sever links with American consulting firms after the United States charged five
Chinese military officers with hacking US companies. China’s action which
targets consultancies like McKinsey & Co. and the Boston Consulting Group,
sterns from fears that the first are providing trade secrets to the US
governments.
India has emerged as a country with some of
the highest unregistered businesses in the world. Indonesia has the maximum
number of shadow businesses, says a study of 68 countries by Imperial College
Business School in London.
Pfizer has abandoned its attempt to buy
AstraZeneca for nearly $ 118 billion after the latter refused an offer of 55
pounds a share.
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2014.
INFORMATION PARTED BY (General Details)
|
Name : |
Mr. Manoj |
|
Designation : |
Manager |
|
Contact No.: |
91-9837083172 |
|
Date : |
28.07.2014 |
LOCATIONS
|
Registered Office : |
160/2, Mauja Maghtai, Bodla Bichpuri Road, Agra - 282007, Uttar Pradesh,
India |
|
Tel. No.: |
91-562-4012220/ 4041575/ 2524047/ 2527386 |
|
Mobile No.: |
91-9837083172 (Mr. Manoj) |
|
Fax No.: |
Not Available |
|
E-Mail : |
PARTNERS
|
Name : |
Mr. Ashish Ravindramohan Arya |
|
Designation : |
Partner |
|
Address : |
D-3, Anmol Apartment, Nisocabagh, 131, Sector – 3, Vibhav Nagar,
Nagpur – 440004, Maharashtra, India |
|
Date of Birth/ Age : |
28.04.1972 |
|
PAN No.: |
AFEPA3119F |
|
|
|
|
Name : |
Mr. Rajesh Kumar Sehgal |
|
Designation : |
Partner |
|
Address : |
131, Sector - 3, Vibhav Nagar, Agra – 282001, Uttar Pradesh, India |
|
PAN No.: |
ABWES78951P |
|
|
|
|
Name : |
Mr. Vatsal Ahuja |
|
Designation : |
Partner |
|
Address : |
40, Bharatpur House, Agra – 282002, Uttar Pradesh, India |
|
PAN No.: |
AMEPA8256P |
KEY EXECUTIVES
|
Name : |
Mr. Manoj |
|
Designation : |
Manager |
BUSINESS DETAILS
|
Line of Business : |
Importer, Exporter and Trader of Shoe Components. |
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit (30 days) |
|
|
|
|
Purchasing : |
Cash and Credit (30 days) |
GENERAL INFORMATION
|
Customers : |
Retailers and Others |
|
|
|
|
No. of Employees : |
Not Divulged |
|
|
|
|
Bankers : |
· Bank of India Agra, Uttar Pradesh, India Account No.: 725420110000405 |
|
|
|
|
Facilities : |
-- |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
Not Divulged |
CAPITAL STRUCTURE
|
Capital Investment : |
|
|
Owned : |
Not Divulged |
|
Borrowed : |
Not Divulged |
|
Total : |
Not Divulged |
FINANCIAL DATA
[All figures are
in Rupees Millions]
NEW CONCERN
Note: Sole Proprietary and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry.
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info Agents |
Available in Report (Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
No |
|
8] |
No. of employees |
No |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact person |
Yes |
|
11] |
Turnover of firm for last three years |
No |
|
12] |
Profitability for last three years |
No |
|
13] |
Reasons for variation <> 20% |
----- |
|
14] |
Estimation for coming financial year |
Yes |
|
15] |
Capital in the business |
No |
|
16] |
Details of sister concerns |
No |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
Yes |
|
20] |
Export / Import details (if applicable) |
No |
|
21] |
Market information |
----- |
|
22] |
Litigations that the firm / promoter
involved in |
----- |
|
23] |
Banking Details |
Yes |
|
24] |
Banking facility details |
No |
|
25] |
Conduct of the banking account |
----- |
|
26] |
Buyer visit details |
----- |
|
27] |
Financials, if provided |
No |
|
28] |
Incorporation details, if applicable |
No |
|
29] |
Last accounts filed at ROC |
No |
|
30] |
Major Shareholders, if available |
No |
|
31] |
Date of Birth of
Proprietor/Partner/Director, if available |
No |
|
32] |
PAN of Proprietor/Partner/Director, if
available |
Yes |
|
33] |
Voter ID No of Proprietor/Partner/Director,
if available |
No |
|
34] |
External Agency Rating, if available |
No |
------------------------------------------------------------------------------------------------------------------------------
COST
OF THE PROJECTS
(RS. IN MILLIONS)
|
Particulars |
Existing New Project |
Proposed |
Total |
|
|
|
|
|
|
Land and
Building (Take on Lease) |
- |
33.000 |
33.000 |
|
Plant and
Machinery |
- |
8.000 |
8.000 |
|
Moulds and Dies |
- |
7.000 |
7.000 |
|
Electric Installations/
Fire Fighting Equipment’s and Sundries Assets |
- |
|
|
|
|
|
|
|
|
Total |
- |
48.000 |
48.000 |
|
|
|
|
|
|
Margin Money for
working capital |
- |
3.000 |
3.000 |
|
Total |
- |
51.000 |
51.000 |
MEANS
OF FINANCE
(RS. IN MILLIONS)
|
Particulars |
Existing New Project |
Proposed |
Total |
|
|
|
|
|
|
Promoters
Capital and Reserves |
- |
16.000 |
16.000 |
|
Term Loans from
Banks |
- |
35.000 |
35.000 |
|
|
|
|
|
|
Total |
- |
51.000 |
51.000 |
Term Loan for Rs.35.000 Millions repayable in 60
Instalments @Rs.0.580 Millions p.m. commencing from 01.08.2014.
|
Repayment of Term Loan |
Amount |
Amount |
March, 31 |
|
|
|
|
|
|
F.Y. 2014-2014 |
35.000 |
4.640 |
30.360 |
|
F.Y. 2015-2016 |
30.360 |
6.960 |
23.400 |
|
F.Y. 2016-2017 |
23.400 |
6.960 |
16.440 |
|
F.Y. 2017-2018 |
16.440 |
6.960 |
9.480 |
|
F.Y. 2018-2019 |
9.480 |
6.960 |
2.520 |
|
F.Y. 2019-2020 |
2.520 |
2.520 |
-- |
|
|
|
|
|
|
|
|
35.000 |
|
------------------------------------------------------------------------------------------------------------------------------
PROJECTED
PROFIT AND LOSS FOR THE YEAR ENDED 31ST MARCH
(RS. IN MILLIONS)
|
Particulars |
2015 |
2016 |
2017 |
2018 |
2019 |
|
|
|
|
|
|
|
|
Capacity
Utilization |
50% |
60% |
60% |
65% |
70% |
|
|
|
|
|
|
|
|
Sales |
50.000 |
55.000 |
60.000 |
65.000 |
70.000 |
|
|
|
|
|
|
|
|
Expenditure |
|
|
|
|
|
|
Raw Materials
Consumed |
18.282 |
20.430 |
24.091 |
27.404 |
30.514 |
|
Other
Manufacturing Expenses |
0.300 |
0.350 |
0.400 |
0.450 |
0.500 |
|
Power and Fuel |
1.800 |
1.980 |
2.160 |
2.340 |
2.520 |
|
Director Labour |
3.600 |
3.960 |
4.320 |
4.680 |
5.040 |
|
Repairs and
Maintenance |
0.500 |
0.550 |
0.600 |
0.700 |
0.800 |
|
Depreciation |
8.400 |
6.780 |
5.511 |
4.508 |
3.708 |
|
Sub Total |
32.882 |
34.050 |
37.082 |
40.082 |
43.082 |
|
|
|
|
|
|
|
|
Add: Opening
stock in process |
0.000 |
0.619 |
0.652 |
0.710 |
0.768 |
|
Sub Total |
32.882 |
34.669 |
37.735 |
40.792 |
43.850 |
|
|
|
|
|
|
|
|
Less: Closing
stock in process |
0.619 |
0.652 |
0.710 |
0.768 |
0.825 |
|
Cost of
Production |
32.263 |
34.016 |
37.025 |
40.025 |
43.025 |
|
|
|
|
|
|
|
|
Add: Opening Stock
of Finished Goods |
0.000 |
0.263 |
0.279 |
0.304 |
0.329 |
|
Sub Total |
32.263 |
34.279 |
37.304 |
40.329 |
43.353 |
|
|
|
|
|
|
|
|
Less: Closing
Stock of Finished Goods |
0.263 |
0.279 |
0.304 |
0.329 |
0.353 |
|
Cost of Sales |
32.000 |
34.000 |
37.000 |
40.000 |
43.000 |
|
|
|
|
|
|
|
|
Selling Admin.
And Gen. Overheads |
5.000 |
8.000 |
10.000 |
12.000 |
13.000 |
|
|
|
|
|
|
|
|
Sub Total |
37.000 |
42.000 |
47.000 |
52.000 |
56.000 |
|
|
|
|
|
|
|
|
Profit Before Interests
|
13.000 |
13.00 |
13.000 |
13.000 |
14.000 |
|
Interests and
Finance Charges |
5.288 |
5.449 |
4.509 |
3.569 |
2.630 |
|
Other Income |
0.700 |
0.800 |
0.900 |
1.000 |
1.000 |
|
Remuneration to
Partner |
0.600 |
0.600 |
0.600 |
0.600 |
0.600 |
|
|
|
|
|
|
|
|
Profit Before
Tax |
7.813 |
7.751 |
8.791 |
9.831 |
11.770 |
|
|
|
|
|
|
|
|
Income Tax |
2.414 |
2.395 |
2.716 |
3.038 |
3.637 |
|
|
|
|
|
|
|
|
Profit After Tax
|
5.398 |
5.356 |
6.075 |
6.793 |
8.13 |
------------------------------------------------------------------------------------------------------------------------------
PROJECTED
BALANCE SHEET AS ON 31ST MARCH
(RS. IN MILLIONS)
|
Particulars |
2015 |
2016 |
2017 |
2018 |
2019 |
|
LIABILITIES |
|
|
|
|
|
|
Promoters
Capital |
19.398 |
22.755 |
26.829 |
31.622 |
37.755 |
|
Term Loan from
Banks (new) |
30.360 |
23.400 |
16.440 |
9.480 |
2.520 |
|
|
|
|
|
|
|
|
Working Capital
Loan from Bank |
10.000 |
10.000 |
10.000 |
10.000 |
10.000 |
|
Current
Liabilities and Provision |
2.250 |
2.208 |
2.530 |
2.897 |
3.150 |
|
|
|
|
|
|
|
|
Sundry Creditors
for Suppliers |
(1.750) |
(1.708) |
(2.030) |
(2.297) |
(2.550) |
|
Other
Liabilities |
(0.500) |
(0.500) |
(0.500) |
(0.600) |
(0.600) |
|
|
|
|
|
|
|
|
Total |
62.008 |
58.363 |
55.799 |
53.999 |
53.425 |
|
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
|
Fixed Assets |
39.600 |
32.820 |
27.309 |
22.801 |
19.093 |
|
|
|
|
|
|
|
|
Current Assets, Loans
and Advance |
|
|
|
|
|
|
Inventories |
3.887 |
4.290 |
4.974 |
5.601 |
6.195 |
|
Raw Materials |
(3.005) |
(3.358) |
(3.960) |
(4.505) |
(5.016) |
|
Stock in Process
|
(0.619) |
(0.652) |
(0.710) |
(0.768) |
(0.825) |
|
Finished Goods |
(0.263) |
(0.279) |
(0.304) |
(0.329) |
(0.353) |
|
Stores and
Spares |
0.200 |
0.200 |
0.300 |
0.300 |
0.500 |
|
Receivables |
8.219 |
9.041 |
9.863 |
10.685 |
11.507 |
|
Cash and Bank
Balance |
8.102 |
10.012 |
11.352 |
12.612 |
14.131 |
|
Advance, Recoverable
and Deposits |
2.000 |
2.000 |
2.000 |
2.000 |
2.000 |
|
|
|
|
|
|
|
|
Total |
62.008 |
58.363 |
55.799 |
53.999 |
53.425 |
------------------------------------------------------------------------------------------------------------------------------
CASH
FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH
(RS. IN MILLIONS)
|
Particulars |
2015 |
2016 |
2017 |
2018 |
2019 |
|
Sources of Funds
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Profit
Before Interests and After Tax |
10.686 |
10.805 |
10.584 |
10.362 |
10.763 |
|
Depreciation |
8.400 |
6.780 |
5.511 |
4.508 |
3.708 |
|
Increase in
Partners Capital |
16.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
Increase in Term
Loan |
35.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
Increase in
Working Capital Loan |
10.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
Increase in
current Liabilities |
10.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
Increase in
Unsecured Loans |
2.250 |
(0.041) |
0.321 |
0.368 |
0.253 |
|
|
|
|
|
|
|
|
Total |
82.336 |
17.543 |
16.416 |
15.238 |
14.724 |
|
|
|
|
|
|
|
|
Application of
Funds |
|
|
|
|
|
|
Increase in
Capital Expenditure |
48.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
Increase in
Inventories |
3.887 |
0.403 |
0.684 |
0.627 |
0.593 |
|
Stores and
Spares |
0.200 |
0.200 |
0.300 |
0.300 |
0.500 |
|
Increase in Receivables |
8.219 |
0.822 |
0.822 |
0.822 |
0.822 |
|
Increase in advance
and Recoverable |
2.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
Interests
Payment |
0.000 |
5.288 |
5.449 |
4.509 |
3.569 |
|
Decrease in Term
Loan |
4.640 |
6.960 |
6.960 |
6.960 |
6.960 |
|
Decrease in Old
Term Loan |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
Partners
Withdrawals |
2.000 |
2.000 |
2.000 |
2.000 |
2.000 |
|
|
|
|
|
|
|
|
Total |
68.946 |
15.673 |
16.215 |
15.218 |
14.445 |
|
|
|
|
|
|
|
|
Opening Cash
Balance |
-- |
8.102 |
10.012 |
11.352 |
12.612 |
|
|
|
|
|
|
|
|
Net Surplus |
8.102 |
1.910 |
1.341 |
1.260 |
1.519 |
|
|
|
|
|
|
|
|
Closing Cash
Balance |
8.102 |
10.012 |
11.352 |
12.612 |
14.131 |
------------------------------------------------------------------------------------------------------------------------------
CALCULATION
OF TAX LIABILITY
(RS. IN MILLIONS)
|
Particulars |
2015 |
2016 |
2017 |
2018 |
2019 |
|
|
|
|
|
|
|
|
Profit Before
Tax |
7.813 |
7.751 |
8.791 |
9.831 |
11.770 |
|
Add:
Depreciation Charges |
8.400 |
6.780 |
5.511 |
4.508 |
3.708 |
|
Total |
16.213 |
14.531 |
14.302 |
14.339 |
15.478 |
|
|
|
|
|
|
|
|
Less:
Depreciation Allowable |
8.400 |
6.780 |
5.511 |
4.508 |
3.708 |
|
Total |
7.813 |
7.751 |
8.791 |
9.831 |
11.770 |
|
|
|
|
|
|
|
|
Less: Brought
Forward Losses |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
Total |
7.813 |
7.751 |
8.791 |
9.831 |
11.770 |
|
|
|
|
|
|
|
|
Less: Deduction
U/s 80 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
Total |
7.813 |
7.751 |
8.791 |
9.831 |
11.770 |
|
|
|
|
|
|
|
|
Income Tax @
30.9 |
2.414 |
2.395 |
2.716 |
3.038 |
3.637 |
------------------------------------------------------------------------------------------------------------------------------
CALCULATION
OF DEBT SERVICE COVERAGE RATIO
(RS. IN MILLIONS)
|
Particulars |
2015 |
2016 |
2017 |
2018 |
2019 |
|
|
|
|
|
|
|
|
A. Total Cash
Accruals |
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit After Tax
|
5.398 |
5.356 |
6.075 |
6.793 |
8.133 |
|
Depreciation |
8.400 |
6.780 |
5.511 |
4.508 |
3.708 |
|
Interests on
Term Loan |
3.938 |
4.099 |
3.159 |
2.219 |
1.280 |
|
|
|
|
|
|
|
|
Total |
17.736 |
16.235 |
14.745 |
13.520 |
13.121 |
|
|
|
|
|
|
|
|
B. Repayment
Obligation |
|
|
|
|
|
|
|
|
|
|
|
|
|
Term Loan
Installment |
4.640 |
6.960 |
6.960 |
6.960 |
6.960 |
|
Interests on
Term Loan |
3.938 |
4.099 |
3.159 |
2.219 |
1.280 |
|
|
|
|
|
|
|
|
Total |
8.578 |
11.059 |
10.119 |
9.179 |
8.240 |
|
|
|
|
|
|
|
|
D.S.C.R. |
2.07 |
1.47 |
1.46 |
1.47 |
1.59 |
|
|
|
|
|
|
|
|
Cumulative
D.S.C.R. |
2.19 |
||||
------------------------------------------------------------------------------------------------------------------------------
STATEMENT
OF ASSETS AND LIABILITIES
(MR.
ASHISH ARYA)
RS. IN MILLIONS
BANK ACCOUNTS
|
Bank |
Present Balance |
|
|
|
|
ICICI Bank |
0.494 |
|
IDBI Bank |
-- |
DETAILS OF ASSETS
IMMOVABLE PROPERTY
|
Assets |
Purchases Cost |
|
Flat/ House |
19.500 |
MOVABLE PROPERTY
INSURANCE POLICIES
|
Policies |
Annual |
|
Flat/ House |
5.000 |
|
Other Investments |
Rs.25.527 Millions |
------------------------------------------------------------------------------------------------------------------------------
STATEMENT
OF ASSETS AND LIABILITIES
(MR.
RAJESH KUMAR SEHGAL)
RS. IN MILLIONS
BANK ACCOUNTS
|
Bank |
Present Balance |
|
|
|
|
ICICI Bank |
0.494 |
|
IDBI Bank |
-- |
DETAILS OF ASSETS
IMMOVABLE PROPERTY
|
TOTAL IMMOVABLE
PROPERTY |
RS.16.944 MILLIONS |
MOVABLE PROPERTY
TERM DEPOSITS
|
Term Deposits Receipt |
Bank / Branch Name |
Amount |
Maturity Amount |
|
FDR |
IDBI Bank |
5.874 |
5.874 |
|
OOM EXPORTS |
Rs.35.907 Millions |
|
Capital Invested in Business |
Rs.32.620 Millions |
|
|
|
|
Other Investment / Assets |
Rs.91.345 Millions |
STATEMENT OF CLOSING BALANCE AS AT 31.03.2013
|
Description |
As at 31.03.2012 |
As at 31.03.2013 |
|
A] Movable Assets |
|
|
|
Cash and Bank Balance |
9.754 |
16.468 |
|
Balance with partnership Firms |
25.857 |
36.981 |
|
Loans and Advances |
9.541 |
27.548 |
|
Rent Receivable-Gayatri Apartments
|
0.174 |
-- |
|
Rent Receivable from Oom Exports, Agra |
0.810 |
-- |
|
Security Deposit with Gayatri Builders |
0.025 |
-- |
|
Share with Companies |
1.245 |
1.476 |
|
Membership Fees with Agra Club Limited |
0.165 |
0.165 |
|
Membership Fees to Punjabi Association, Agra |
0.010 |
0.010 |
|
Computer Systems |
0.016 |
0.016 |
|
Air Conditioner |
0.086 |
0.086 |
|
Personal Effects – Furniture and Fixture, Air Conditioners etc. |
0.183 |
0.183 |
|
|
|
|
|
B] Immovable Assets |
|
|
|
Residential House 131, Sector-3, Vibhav Nagar, Agra (Under
Construction) (Old Residential House (1/3rd) Inherited from late Mrs. Swarn
Devi Sehgal) |
-- |
0.756 |
|
Residential Flat No.18/163A-/141, Plot No.8 at Vibhab Nagar, Agra
(21.09.2012) |
-- |
4.076 |
|
Flat No.306, Block B, 3rd Floor, Faridabad (Let Out) |
3.447 |
3.447 |
|
Flat No.105 at Gayatri Apartment, Mauza Mau, Agra and Furniture and
Fixtures |
1.005 |
-- |
|
Factory Building at Bichpuri Road, Bodla Agra (50% Share) (Let out) |
2.021 |
2.021 |
|
Factory Land at Khasra No.881, Runkata, Agra |
3.394 |
3.394 |
|
Plot no.9 at Minjumula, Khara No.90, Barolui Ahir Agra (22.05.2008) |
0.532 |
-- |
|
Land at Khasra No.481, Parinay Garden, Agra |
3.250 |
3.250 |
|
|
|
|
|
Total |
61.515 |
99.878 |
|
|
|
|
|
Less: |
|
|
|
Mr. Manjeet Singh Agra |
0.115 |
-- |
|
Mr. Pramod Bajaj Agra |
0.105 |
-- |
|
Loan from ICIC Home Loan, Agra (Vibhav Nagar, Agra) |
-- |
4.500 |
|
Balance with IDBI Bank, Agrain O/D A/C No.763 |
-- |
0.746 |
|
Mr. Vinod Saigal, Agra |
0.177 |
0.177 |
|
Mrs. Manju |
0.150 |
0.150 |
|
Mr. Naresh Saigal |
0.500 |
0.500 |
|
Loan A/c No.303675100001366 with IDBI Bank, Agra (Home Loan) |
2.978 |
2.460 |
|
|
|
|
|
Total |
57.491 |
91.345 |
|
|
||
|
Note: 1/3rd of House inherited from Mother
late Mrs. Swarn Devi Sehgal on her death as per will. |
||
------------------------------------------------------------------------------------------------------------------------------
STATEMENT
OF ASSETS AND LIABILITIES
(MR.
VATSAL AHUJA)
RS. IN MILLIONS
BANK ACCOUNTS
|
Bank S/B C/D A/C No. |
Present Balance |
|
|
|
|
S/B Accounts |
0.359 |
BALANCE SHEET AS AT 31.03.2013
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
|
LIABILITIES |
|
|
|
Mr. Vatsal Ahuja Capital Account |
53.752 |
37.184 |
|
|
|
|
|
Total |
53.752 |
37.184 |
|
|
|
|
|
ASSETS |
|
|
|
Capital with Concept Conceivers and Executors, Agra (Firm) |
36.625 |
29.848 |
|
Capital Balance with just in Arena, Agra (Firm) |
0.579 |
0.113 |
|
Cash on Hand |
0.006 |
0.005 |
|
Balance with Jammu and Kashmir Bank Limited, Agra in A/c |
0.182 |
0.027 |
|
Balance with State Bank of India, Agra in PPF, Account |
0.306 |
0.183 |
|
Balance with Axis Bank, Agra in S/B Account |
0.166 |
0.000 |
|
Balance with Axis Bank, Mumbai in C/A (TCDC) 912020000628 |
0.010 |
0.000 |
|
Loan to M/s. C. S. Leathers, Agra |
9.094 |
0.000 |
|
Loan to M/s. Ahuja International, Agra |
3.284 |
4.105 |
|
Balance with Oom Anubhuti Hotels and Resorts Private Limited |
3.500 |
2.903 |
|
|
|
|
|
Total |
53.752 |
37.184 |
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
1] INFORMATION ON
DESIGNATED PARTY
No records exist designating subject or any of its beneficial owners, controlling
shareholders or senior officers as terrorist or terrorist organization or whom
notice had been received that all financial transactions involving their assets
have been blocked or convicted, found guilty or against whom a judgement or
order had been entered in a proceedings for violating money-laundering,
anti-corruption or bribery or international economic or anti-terrorism sanction
laws or whose assets were seized, blocked, frozen or ordered forfeited for
violation of money laundering or international anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper payments
to government officials for engaging in prohibited transactions or with
designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record exists
to suggest that any director or indirect owners, controlling shareholders,
director, officer or employee of the company is a government official or a
family member or close business associate of a Government official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws, regulations
or policies that prohibit, restrict or otherwise affect the terms and
conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.85 |
|
|
1 |
Rs.102.69 |
|
Euro |
1 |
Rs.81.46 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.